Buyer Maghag Ltd., a subsidiary of SquareFoot Realty Corp. ofDallas, is in the midst of renovating and re-tenanting the package,Philip Cox with Marcus & Millichap in Dallas tells GlobeSt.com.The retail buildings, ranging from 1,000 sf to 3,500 sf, all holdtenants with short-term leases and rents running from $3 per sf to$7 per sf, he adds.

"I knew the buyer would want this," says the lone broker workingthe transaction. "I put in front of him and he did want it." Thedeal took three months to close with the seller of record, JeanetteInv. II Ltd. of Dallas. He says the deal shows there are investorswilling to invest in South Dallas, despite its ongoing negativepress.

Cox is mum about the selling price. The properties have assessedvalues ranging from $8,700 to $67,570. The buildings are located at1120 and 2518 Beckley Ave.; 4101 Bonnie View Rd.; 7410 CentralExpressway; 3008 and 3020 S. Lamar St.; 4322 Malcolm X Blvd.; 1700Peabody St.; and 3635, 4120 and 4202 Colonial Ave.